The Internet Is Largely Seen as Lowering the Entry Barrier

question 4

True/False

The internet is largely seen as lowering the entry barrier for new entrants, but firms that enter may have little chance of success unless they have a competitive advantage over existing rivals

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Definitions:

Melee

A chaotic situation or skirmish involving a confused close combat among a group of people.

Execution

The act of carrying out a sentence of death on an individual, as a legal punishment for a crime.

Houston, Texas

The fourth-largest city in the United States, known for its significant contributions to space exploration, energy industry, and diverse cultural landscape.

Harlem Hellfighters

The Harlem Hellfighters were an African-American infantry unit in WWI that gained fame for their bravery and the significant role they played in the war, despite facing racism and discrimination.